Sparkling Juices Market Size to grow by USD 1050.8 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Sparkling Juices Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.

Key Highlights:

• Market Research Overview: The global packaged foods and meats market encompasses vendors engaged in food processing to ensure microbial elimination and shelf life extension. According to Technavio, this market's size is determined by the consolidated revenue of the participating vendors. It excludes food processing equipment manufacturers and producers of packaged alcoholic and non-alcoholic beverages, such as sparkling juices and mineral waters. Market expansion will be fueled by the health benefits linked to minimally processed foods, which include vegetables, that offer essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. - The Sparkling Juices Market is experiencing significant growth, fueled by the Benefits of cold-pressed sparkling juice when compared with traditional juice. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

• Major Findings:
  • Benefits of cold-pressed sparkling juice when compared with traditional juice
  • Increasing urbanization and changing consumer lifestyle
  • Fluctuating prices of raw materials
  • Increasing competition from substitutes
• Growth Projections

The market size is estimated to grow by USD 1050.8 million, at a CAGR of 10.87% during the forecast period. In the global market, private-label sparkling juices have emerged as a strategic initiative for retailers to enhance their profitability. Notable retailers are introducing a range of private-label sparkling juice offerings, including organic, functional, 100% sparkling, and nectar-based varieties. This trend has significantly expanded the private-label product category in the last decade, with these offerings priced competitively compared to branded alternatives. The growing consumer preference for sparkling beverages is driving this expansion, making it a lucrative business opportunity for retailers.

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• Regional Insights

The Sparkling Juices Market represents a significant growth opportunity for businesses, with increasing consumer preference for healthier and more natural beverage options. Market size is projected to expand at a robust CAGR, driven by rising disposable income, changing demographic trends, and a growing awareness of the health benefits associated with consuming sparkling juices. Key players in this market focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge.

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